'Squid Game' cryptocurrency scams $2 million

iamverybusyperson

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Quote from: Munir575 on September 27, 2022, 03:15:22 AM

Despite the fact that you are already aware that this coin is a hoax, why are there so many of you who are interested? I'm very interested about this because, according to the movie, we already know how the squid game's plot unfolds.
Yes! There is only one winner, and that winner is the individual!

Because all people, unfortunately, are subject to hype. Everyone wants to have time to hit the jackpot, but this is not always possible.

iamverybusyperson

newbie

Activity: 174

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Quote from: Sethrey on September 27, 2022, 07:09:49 AM

Quote from: mulia sabee on September 20, 2022, 11:04:50 AM

These kinds won't stop and people won't stop investing in it. If you made profits during the regular meme seasons then you will understand why these projects types thrive when they come around. It's simply because you can use little to make huge profits if you bought in early enough. That's basically the scenario.

I know this scheme, but there's no certain script for all of them. You can have some time to get enough income, or you can miss a single moment and lose everything. As in order to earn well, you have to invest serious amounts at the very beginning. It's not about putting 10$ in and withdrawing 30$.

The only thing is that I have not been able to understand the phenomenon of the popularity of these projects among users. What is it? Is it excitement? Or just lack of information?

Sethrey

jr. member

Activity: 916

Merit: 1

Quote from: mulia sabee on September 20, 2022, 11:04:50 AM

These kinds won't stop and people won't stop investing in it. If you made profits during the regular meme seasons then you will understand why these projects types thrive when they come around. It's simply because you can use little to make huge profits if you bought in early enough. That's basically the scenario.

I know this scheme, but there's no certain script for all of them. You can have some time to get enough income, or you can miss a single moment and lose everything. As in order to earn well, you have to invest serious amounts at the very beginning. It's not about putting 10$ in and withdrawing 30$.

Munir575

member

Activity: 546

Merit: 10

Despite the fact that you are already aware that this coin is a hoax, why are there so many of you who are interested? I'm very interested about this because, according to the movie, we already know how the squid game's plot unfolds.
Yes! There is only one winner, and that winner is the individual!

iamverybusyperson

newbie

Activity: 174

Merit: 0

Quote from: GelatikKembar on September 20, 2022, 11:18:59 AM

Quote from: Sethrey on September 20, 2022, 06:43:03 AM

I just came to a thought.. Did "House of the dragon" or "Lord of the rings" coin already appeared? As they seem to be the next hyped series around the world. What I will fight for is Game of Thrones metaverse or at least NFT. I'll go and search for it now.

very interesting if GOT does launch its NFT, maybe it will create more NFT hype,
because GOT is indeed much more successful than Squidgame, this is why we must support GOT to have its own NFT

A very interesting assumption, however, I am afraid that the popularity of such coins decreases sharply after the end of the series and the fall in audience interest. Although, perhaps, in the case of the NFT, everything may be different.

abralzain17

full member

Activity: 532

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Quote from: Sethrey on November 02, 2021, 07:27:27 AM

On Oct. 26 a coin called $SQUID was launched by a group with no affiliation to the creators of the hit Netflix show -- the first red flag. As memecoins sometimes do, it exploded in growth. After listing at 12 cents, on early Monday morning it briefly hit a peak of $2,800.

Then, as memecoins are also known for doing, it all crashed. In an instant, the price fell to one third of one cent, where it remains at time of writing.

So the question is how people still believe in all that stuff?

Easy money is very hard to catch. Especially while there are coins like Crypton privacy coin, which gained 50% right after the new listing and gained 50% more in the next 2 days.. People still look for some scams on their own. OMG, will it ever end?

most of the meme coins are bullshit, their team has divided what tasks they have to do on social media to create a big influence in the media, and besides that they are very good at deceiving investors by influencing the price of their tokens, some are creating hype their token before being launched so that many investors are interested in the memecoin. this is how they commit fraud.

GelatikKembar

full member

Activity: 854

Merit: 100

The OGz Club

Quote from: Sethrey on September 20, 2022, 06:43:03 AM

I just came to a thought.. Did "House of the dragon" or "Lord of the rings" coin already appeared? As they seem to be the next hyped series around the world. What I will fight for is Game of Thrones metaverse or at least NFT. I'll go and search for it now.

very interesting if GOT does launch its NFT, maybe it will create more NFT hype,
because GOT is indeed much more successful than Squidgame, this is why we must support GOT to have its own NFT

mulia sabee

full member

Activity: 910

Merit: 102

Quote from: Sethrey on November 02, 2021, 07:27:27 AM

On Oct. 26 a coin called $SQUID was launched by a group with no affiliation to the creators of the hit Netflix show -- the first red flag. As memecoins sometimes do, it exploded in growth. After listing at 12 cents, on early Monday morning it briefly hit a peak of $2,800.

Then, as memecoins are also known for doing, it all crashed. In an instant, the price fell to one third of one cent, where it remains at time of writing.

So the question is how people still believe in all that stuff?

Easy money is very hard to catch. Especially while there are coins like Crypton privacy coin, which gained 50% right after the new listing and gained 50% more in the next 2 days.. People still look for some scams on their own. OMG, will it ever end?

These kinds won't stop and people won't stop investing in it. If you made profits during the regular meme seasons then you will understand why these projects types thrive when they come around. It's simply because you can use little to make huge profits if you bought in early enough. That's basically the scenario.

Sethrey

jr. member

Activity: 916

Merit: 1

I just came to a thought.. Did "House of the dragon" or "Lord of the rings" coin already appeared? As they seem to be the next hyped series around the world. What I will fight for is Game of Thrones metaverse or at least NFT. I'll go and search for it now.

iamverybusyperson

newbie

Activity: 174

Merit: 0

Quote from: ?? on ??

In my long experience, I have seen that projects that generate a lot of hype in a short period of time and are able to get a lot of investment . that project also disappear from the market in a very short time, so it is better to avoid projects that have too much hype because those projects are gambling. Acts like that can make a person sound very easy and make a person lose all his money very easily. so we shouldn’t be careful from such projects

Exactly. But the whole thing is in patience. Who can wait for the result for a year? Only big investor which doesn't even check the rates every day. And small representatives looking for fast and easy money believe everything should just happen fast in a magical way.

Sethrey

jr. member

Activity: 916

Merit: 1

Quote from: ?? on ??

When there is a hype about a project everyone thinks that if they invest in it then they might get a huge return but unfortunately after panic investing there the project turns out to be a scam which makes everyone lose their money. Which is really sad. So I agree with you that one should think twice before investing anywhere . and we shouldn’t investment our full fund in one project

And exactly due to that I wonder how there are still so many people believing in this stuff. I can't imagine myself running for a new hyped coin, brightly believing it will make me rich in 3..2..1.. No matter I give chances to less known projects. But I don't put everything in them.

Sethrey

jr. member

Activity: 916

Merit: 1

Quote from: ?? on ??

In my long experience, I have seen that projects that generate a lot of hype in a short period of time and are able to get a lot of investment . that project also disappear from the market in a very short time, so it is better to avoid projects that have too much hype because those projects are gambling. Acts like that can make a person sound very easy and make a person lose all his money very easily. so we shouldn’t be careful from such projects

It wonders me on the whole how do people invest really big amounts of money in something new that just appeared in some news and was mentioned by several people, that are not even big crypto influencers. Most of their announcements were paid for. So it's better to think twice.

iamverybusyperson

newbie

Activity: 174

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Quote from: Sethrey on August 30, 2022, 05:19:18 AM

Quote from: ?? on ??

It is normal for cryptocurrency prices to go up or down. This we know and accept this matter. squid game was a different think like luna . And these two projects have destroyed millions of people . I also invested in squid game token but I managed to sell it at the right time so I saved from big loss.

Good for you! I never say to fully avoid such projects, but they're so short-term that you should know the right moment to hop-out. As it's possible to earn on it, but better to choose something more reliable and checked with time, of course.

Hmm, all those users who hope to get rich quickly at the expense of hype coins are fools. Faster than they become popular, these coins are only falling.

Sethrey

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Activity: 916

Merit: 1

Quote from: ?? on ??

It is normal for cryptocurrency prices to go up or down. This we know and accept this matter. squid game was a different think like luna . And these two projects have destroyed millions of people . I also invested in squid game token but I managed to sell it at the right time so I saved from big loss.

Good for you! I never say to fully avoid such projects, but they're so short-term that you should know the right moment to hop-out. As it's possible to earn on it, but better to choose something more reliable and checked with time, of course.

Dragonfund

full member

Activity: 546

Merit: 148

Quote from: hashrateproducts on August 23, 2022, 10:11:21 PM

Quote from: kapalmabur on August 23, 2022, 12:39:36 PM

one of the memecoins that really makes investors like gambling, moreover this token has also been listed on GateIo,
of course this really confused me, even though there are no project developers and no roadmap, and the whitepapaer is not clear,
this is project Rugpull! , it's a shame they support Squid tokens on their exchange

Squid game tokens is a big scam projects that have extorted money from most people and also teaching them a very big lesson in fraud. The time the movie got launch on Netflix, before I knew it, thousands of people came to watch and anticipate in all parts of the movie episodes. Some gigantic Whales interested in the project dominated and invested heavily in the projects. People were hoping to see like $1k to $30k in their various wallets but were shock by the motive which projects triggered on.

The same Netflix whose shares have fallen like another shitcoin is doing a documentary about another meme scam project. There are plenty of scams that have happened in the period of the last bull run, Luna is not excluded from the listed after the foundation allow UST to fall, the meme coins to me are all shit projects including doge and Shiba but you know, people will choose shitty stuff over good projects and when they lose all their savings for wrong moves, they blame the entire system for the own mistake. The best way to avoid these problems is to buy good projects and avoid shit projects.

nutildah

legendary

Activity: 2940

Merit: 7892

Quote from: Starkick on August 29, 2022, 09:01:33 AM

Quote from: Sethrey on August 23, 2022, 07:19:18 AM

Okay, how is it possible to check the potential of the coin and get sure that it will bring a good income to you? Even Bitcoin loses so much for not the first time that it's impossible to predict what will happen and when. So how can anyone be sure in smaller altcoins?

Yes, of course you're right. And if the fall is definitely temporary for bitcoin, then for other projects it may turn out to be a fatal collapse. That's why I'm getting more and more interested in organically growing projects.

Just FYI, its quite obvious you've been talking to yourself this whole time. Both Starkick and Sethrey are your accounts. What are you hoping to accomplish exactly? Almost nobody reads this forum except for shitposters-for-cash, and they could care less about whatever it is you think you're advertising. I suspect you've also somehow convinced somebody to give you a few sheckels for promoting whatever pump-of-the-day is available, though in a more roundabout way? Genuinely curious.

Thanks for your clarification.

rojan

sr. member

Activity: 1414

Merit: 361

Quote from: kapalmabur on August 23, 2022, 12:39:36 PM

one of the memecoins that really makes investors like gambling, moreover this token has also been listed on GateIo,
of course this really confused me, even though there are no project developers and no roadmap, and the whitepapaer is not clear,
this is project Rugpull! , it's a shame they support Squid tokens on their exchange

The ones you mentioned here are not mentioned in the roadmap. I think that if we invest in any token, we will know all about the project. After that we will invest. Otherwise, we will face many problems. So we have to be careful all the time. And everything has to be looked at. There are some projects that people cheat with. We should stay away from them.

Starkick

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Activity: 588

Merit: 5

Quote from: Sethrey on August 23, 2022, 07:19:18 AM

Quote from: virasisog on August 16, 2022, 05:37:49 PM

Scammers usually have ignorant investors as their target. Even long-time investors have fallen into their trap because some of them put their false hope on this meme coin. Squid game token has been hyped and scammers have taken advantage of it. That's why even famous and well-known projects are risky. It's still important to check on the potential of the coin as well as the tram behind it first.

Okay, how is it possible to check the potential of the coin and get sure that it will bring a good income to you? Even Bitcoin loses so much for not the first time that it's impossible to predict what will happen and when. So how can anyone be sure in smaller altcoins?

Yes, of course you're right. And if the fall is definitely temporary for bitcoin, then for other projects it may turn out to be a fatal collapse. That's why I'm getting more and more interested in organically growing projects.

|MINER|

sr. member

Activity: 1092

Merit: 421

Quote from: Sethrey on November 02, 2021, 07:27:27 AM

~snip~

I also saw this coin many times on that time but I don't know why at first I thought it will be a scam token. Even then Many promotions of it came before me still I didn't invest. Because I think mainly these new token or trending alt-coins are not reliable. Many people went to invest with the desire to earn more profit in a short period of time and they are the victims of scams. I would like to suggest to all who come to NEXT to invest carefully in any coin like this.

btc78

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Eloncoin.org - Mars, here we come!

Quote from: kapalmabur on August 23, 2022, 12:39:36 PM

one of the memecoins that really makes investors like gambling, moreover this token has also been listed on GateIo,

lol it has been years after this scam accusation yet you are talking as if this is a fresh case? Grin

Gate.io isnt a good place to trust when listed so lets see what would be the next plan for this.

Quote

of course this really confused me, even though there are no project developers and no roadmap, and the whitepapaer is not clear,
this is project Rugpull! , it's a shame they support Squid tokens on their exchange

well Squid token is a complete scam and there is no one to be blamed here but your confusion will make you decide wrongly.

Topic: 'Squid Game' cryptocurrency scams $2 million (Read 1910 times)